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    MarketForces Africa » » Page 1008

    CBN Cuts Interest Rate on OMO Bill to 24.32%

    News October 3, 2024

    Investors’ rate on OMO bills dropped to 24.32% at the primary market auction conducted by the Central Bank of Nigeria (CBN) on Thursday.

    Naira’s Markets Wide Rally Drags Exchange Rates Gap Down

    News October 3, 2024

    The naira climbed against the US dollar across the foreign exchange (FX) markets and the positive movement caused gap between official and parallel market

    NEITI Calls for Transparency to Unlock Nigeria’s Energy Potential

    News October 3, 2024

    The Nigeria Extractive Industries Transparency Initiative (NEITI) has emphasised the importance of accountability and transparency in the nation’s energy

    Nigerian Exchange Shrinks by N671bn as Dangote, FBNH Dip

    News October 3, 2024

    The equities market capitalisation of the Nigerian Exchange (NGX) shrank by more than N671 billion due to selloff in Dangote Cement, FBN Holdings

    US Dollar Rises Against Peers Ahead of Economic Data

    News October 3, 2024

    The US dollar rose against its major trading partners early Thursday before a busy day of economic releases, starting with weekly jobless claims

    Bitcoin Drags Global Crypto Market Value Down to $2.1T

    News October 3, 2024

    The global cryptocurrency market capitalisation declined by 2.18% to settle around $2.1 trillion on Thursday amidst strong swing in price movement that

    Ghana Private Sector Returns to Contraction- S&P PMI

    Inside Africa October 3, 2024

    The Ghanaian private sector ended the third quarter of the year in contraction territory amid renewed declines in output and new orders, according

    Oil Rises on Middle East Tensions, OPEC+ Output Decision

    News October 3, 2024

    Oil prices increased as escalating tensions in the Middle East continue to fuel fears of a disruption to crude oil flows. Brent climbed to $74.83 per barrel

    Africa Finance Corp. Issues $500m Eurobond at 5.55%

    News October 3, 2024

    Africa Finance Corporation (AFC) announced today that it has successfully issue a US$500 million 144A/Reg S Eurobond from the global debt capital market.

    Ecobank Pays 8.175% Interest on Savings Accounts

    News October 3, 2024

    As part of an effort to boost financial inclusion, Ecobank Nigeria has started to offer customers 8.175% interest rate on their savings accounts.

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    July 16, 2026

    NCC Reviews MVNO Business Rules to Deepen Competition, Expand Telecom Access

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    July 16, 2026

    Solana Slips after SBI Taps Network for Tokenised Japan Equity Fund

    July 16, 2026

    Nigerian Stock Market Loses N32bn as Investors Exit Positions

    July 16, 2026

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